Offices of Cutera Inc. in Brisbane, Calif. Google Earth The largest public companies that tapped the government’s emergency relief fund for small businesses nearly all had ready access to other forms of capital, according to a CNBC analysis of filings. Even amid the upheaval caused by the coronavirus pandemic, these companies raised millions of dollars
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A view of new York State Department of labor office in Flushing Queens during coronavirus pandemic on April 12, 2020. (Photo by John Nacion/NurPhoto via Getty Images) NurPhoto Democrats want to give Americans larger unemployment checks until next year. Certain workers — particularly those in lower-paying industries like accommodation and food services — stand to benefit
PALM BEACH, FLORIDA – NOVEMBER 01: President Donald Trump’s Mar-a-Lago resort is seen on November 1, … [+] 2019 in Palm Beach, Florida. President Trump announced that he will be moving from New York and making Palm Beach, Florida his permanent residence. (Photo by Joe Raedle/Getty Images) Getty Images The Dock And The Vote Manuel
Business owners getting aid under the Paycheck Protection Program need to be aware of Safe Harbor Getty If you are a small business owner who applied for the PPP loan and later wondered if you should return the funds because of unclear certification requirements, I have some good news for you. What’s New Today, May
Joe Biden Talks About the Coronavirus in Washington, US Barcroft Media via Getty Images A Federal Rent and Mortgage Bailout: Joe Biden, the presumptive Democratic presidential nominee, called for sweeping housing relief and a federal rent bailout. Appearing on Good Luck America, Snapchat’s daily political show, Biden was asked if the federal government should be
Investors and health officials appear to grow increasingly worried about a potential second wave of Covid-19 cases and further economic downtown, as states and foreign governments move ahead with lifting restrictions. Stocks sold off on Tuesday, with the Dow shedding roughly 400 points in the final hour of trading and the Nasdaq Composite and S&P
In the aftermath of the coronavirus pandemic, students borrowing for college will benefit from some of the lowest interest rates on record for federal student loans this upcoming school year. Rates for federal loans issued between July 1, 2020 and June 30, 2021 will be 2.75% for undergraduate Stafford loans, according to the May Treasury
Federal Reserve Chairman Jerome Powell said Wednesday that policymakers may have to use additional weapons to pull the country out of an economic mire that has cost at least 20 million jobs and caused “a level of pain that is hard to capture in words.” While he did not specify what those measures are and
With more than 30 million people out of work and a growing number of Americans feeling severely cash-strapped, loans are a lifeline. If you can get one. Despite rock-bottom interest rates, banks are tightening lending standards across the board, shrinking the availability of credit. “If you can get a loan, then the price of it is going
Billionaire investor David Tepper said the stock market is one of the most overpriced he’s ever seen, only behind 1999. Before Wednesday’s sell-off, it was “maybe the second-most overvalued stock market I’ve even seen,” Tepper said Wednesday on CNBC’s “Halftime Report.” “I would say ’99 was more overvalued.” “The market is pretty high and the Fed has
By Monica Cardoza, Next Avenue Contributor Teresa Brown, of Rooster Ridge Farms, says she’s not going for the ‘mega-flower farmer thing’ Courtesy of Teresa Brown With a growing demand for local, sustainably grown fresh-cut flowers, some people with a love of gardening have found second careers as flower farmers. “The DNA’s already there,” says Debra
On May 12, 2020, the IRS sent out a statement of work (SOW) requesting help from independent consultants to crack down on cryptocurrency tax non-compliance. According to the SOW, the IRS is seeking help from technology companies in the crypto tax software space in reconciling taxpayers’ reported cryptocurrency gains and losses on the tax returns.
Buyers and renters in England are now able to take part in viewings and move home as long as they … [+] follow social distancing advice. Getty The U.K. government has today announced their plans for restarting the housing market effective immediately, amending coronavirus regulations and issuing new guidance confirming that private residential buyers and
A view of St George’s Municipal Hospital after a fire, five patients dead on ventilator support in the intensive care unit. The hospital was one of the first in St Petersburg to be repurposed as a medical centre to treat infectious diseases like pneumonia, including that caused by the novel coronavirus. Peter Kovalev The U.S.
Relativity Space conducts a pressure test of a 3D printed tank. Relativity Space Relativity Space passed a key milestone toward its goal of launching a rocket that is almost entirely 3D-printed. The Los Angeles-based space start-up conducted a series of tests in December using a 3D-printed tank, which the company increasingly pressurized until it burst.
In the months since the novel coronavirus started spreading across the world, Bill Gates has been one of the most outspoken public figures with regards to the global response to the pandemic. However, Gates says he wishes he had “done more” to warn the world about the potential dangers of a global pandemic before coronavirus
U.S. stock futures moved lower in overnight trading and pointed to losses at the open on Wednesday, after a sharp sell-off in the previous session. Dow futures fell 70 points, indicating a loss of 0.3%. The S&P 500 and Nasdaq were also set to open lower, with losses of 0.4% and 0.3%, respectively. Stocks fell
U.S. Representative, Nancy Pelosi (D-CA) at the ceremonial swearing in of Representative Elect Kweisi Mfume (D-MD). Michael Brochstein | Barcroft Media | Getty Images Fewer people itemizing Since the new tax law, significantly fewer people are claiming the SALT deduction. About 16 million taxpayers claimed the SALT deduction for the 2018 tax year, according to
CANNEX (www.cannex.com) is a Toronto-based company that provides a popular platform for learning about annuity pricing. They provide frequent reports about the types of searches being made by distribution companies and financial advisors that could potentially result in an annuity sale. Their CANNEX Survey Experience covering 2018 provides a lot of insight about the types
The United States Tax Court, like many courts around the country, is closed. Trial sessions are cancelled, and the court typically doesn’t have in-person status hearings or oral arguments on motions even when the world isn’t shut down due to a pandemic. Tax Court petitions, which have to be filed in paper and delivered either